HomeMy WebLinkAbout0047 THIS INDENTURE. M~d~ ih~ 21 SL ~Y ~ Au~ugt A.p. 19 75 bNw~+n
7R7K~ctoria~~D~tarsan #
T!`a ' _ ~ - -
Donald L Detern~ ~n_d Victoria M_ ~tera~n~ h~ rif }
of St • LUCi@ , Cou~fy FIaWa, Mnin~hK d~sipn+t~d as tM "MORTGAGOR." ~nd FIRST FEDERAI SAVINCsS /W~ IOAN
ASSOCIATION OF FORT PIERCE. ~ aapa~tion a~y~ni:ed u~d ~ais~inp und~?11M !f~n of. t~U~}it~d St~r~a of Mw~iu a+d havinp itt prirxipal plaa of
bwin~sa in tM Ciyr d iort ~i~ra. S~. lud~ Count~?. Fbrida. Iwnin~ftM ddipiiuid a~ tM " 1tiG11G~"
WHEREAS tM MORTGAGOR b~atlp ind~W~d w th~ N10RTGAGEE in IM swn of s?
2~ 400. 00 ~ lawful morny of tM lh+it~d ~
Stahs advannd by ~h~ MORTGAGEE unto th~ AhORTGAGOR, as ~videnced by ~ cKUin promistory na~ of ev~n date h~rewith, of which tF?~ tdlowie+~ in
wad~ and f' ur~t b a t~w copy. bwit:
~ 22 , 40~. 00 ~ 10021540
. . ' ~ P~ August 21 19 75
Fo? value nc~iwd, 1, vw w ~ItFw of vs, promiw ro pay, witho~t dsf~lcatio~, to ths order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION QF
FORT PIERCE at Fo?t PiKa, Flo~ida, th~ wm of = 22 s400.00 ~ w;th inte~est from date at the rate of9•0 % pa uu+wq, in monthiy imtall~
menN a follows: ~ G~E• ~ tM LuL~I ~y of i/CLOD@i 19 j~ a~d a like swn on th~ corraspa~dinp day of ~ad+ month 1F~~- ~
afttr u~til Ihs whols b~ fuily p~id. ~
Each ieat~lim~nt firsl shall b~ ~pplied in p~ym~nt of tM intKat ~nd tMen on tM unpaid b~lance of the priactp~l wm. If d~fauit is n~ tn th~ '
paYment of ~ny InstallmH?t wlao dw, and wch d~fault oontinues 30 days, th~n ~t tM option of th~ ho{der, and without any other raY~ce. all tM r~msininp
in~talkn~nb ~il be dw and payabls at arce. Privile~s b piv~n to pnpaY this oob in whol~ or in put at u?y time without pen~lty. NtitMr forab~ararKe,
nor acc~pana by th~ hotdN therwf aRa a~y defauit in sny paym~nb hxeon, shall b~ dsemed extensia+. A Iste p~yment d+a?pe of = 10. 10 ~
added to ~ach i~stallme~t ramaininp uepaid 7 days ~hu its dw d+N, and • lik~ wm ~hall be sikJ~d to e~ch such irutaiin?ent remaininp u~psid 7 daya afMr
~ ~^D P+Y^1e^f date. .
E+ch m+ker. sumry •nd endaser hueof, ~oimly end s.vraiy, wiives dem~nd, p..ssr?rmse+~ pro~esr and no~~u of praes~ fw na~payment, ~nd funh~r
agrees to u~y exte~si9n of tim~ of paym~nt, either befon or aftq matwity, without notice to sey of us; and to pay all costs of oollaction, inclvd'ug a
reasaabb attorney's f~s in the ew~t of sny default he~wnder, and henby seve~ally waives all benefit o( homestead and eaemption unda the coratihrlion
and Isws of ead~ State of ths Unlted Statei, u apairist this oblip~tion w any ~xtee~ion a renewal hereof.
Witr~t tM h~nd and ~esl of each party. .
~ s/Uonald L. Determan ~
~?q
• lSEnu
a/~c1A ~y
~ ~33.60 ~ ~~h R~ -V'ictoYia~1 .--DeteYman
(sqw~. ~.~c.11.i ~riyind.~1.)
NOW, TFiEREFORE, tM MORTGAGOR fw tM purpos~ of ~ecvrinp payment of said wm of ; 22 ~'4~• ~ , and tM pKformance of th~
cownann and ay..emena M..in+fr.r eapres~ed, and for drven yood and valwbi~ consid~rations by theie presants, does praM, ba~~sin, sdl, rtmise,
rele~s~, aonwy and confirm unto th~ MORiGAGEE. its suocessw~ and u~i~ns, ali thst certain lof, pisp or pucel of land, sitwt~, lyirg, and b~wg in tM
C~h ~ St. LuC1Q ~ Sta» of florid~, d~wib~d ~i follows:
The West 130 feet of the South 230 feet of the SB 1/4 of the N6 1/4 of the SW 1/4
of Section 9, Township 35 South, Range 40 Bast, L&SS the South 25 feet thereof
foz Delaware Avenue. ~(~C1~i_ ~/l~- -
By agreement of Mortgagor and Mortgagee on file with
Mortgagee, the within mortgage secures not only an
existing indebtedness, but also ADVANCBS to be HBRB- i
AFTfiR made tiy MoYtgagoe-to Mortgagor, the aggregate '
of which Wil1 equal the principal amount specified
in the promissory note secured hereby. ;
i .
~ u - -
( S i AT E_= =~f = i=, ~(D I 7!= (
~ Z UO~U{4~sld~i~R`' SIliMP 'l: i: ~ ~ T:,)ct
~ ' L`L?I.OF Y.E~EliJi-r.i:~-.y`_ _ .
~ ~ . _ _ _ y ~ IH PAVNIENi Of
- - ` 3 3. 6 0 1 DUE ON G/~S6 'C INTANGIBLE rERSON~II PROPERR,
~ P8 = " F'.,l ~
~ ~ ~ _ , . ' ~ t ' j ~ p~R~JAr[i TO CtIAPiER Tl•131? AC~'~ Of 1971. ~Il
~ c. - ~ ~ / ~
q,ERK CIRCUR OOURT, SL WGIE D0, FLA.
~ toyethu with a11 and siigular the t~nn, hard'nam~n» ~nd ~ppurt~nces tlw~eunto b~lonpinp or in anywiw ~ppKtaie~inp tMnto, and all ro?ts, h~ws.
proc~eds ~nd profi?s ~cavinq ud to ~cvw from said pr~enaes, aIl of which an iedud~d in ths abo~v~ and for~poirg daaiption and h~b~ndwn.
~ TO HAVE AND TO HOID tM ~bow dewib~d ~nd yramed p~mis~s unto tM s~id MORTGAGEE, its woaawts ud uslpnt fortwr. Md th~ pid
MORTGAGOR for thei r hein. ~xecuton, administr~fon and auiges, hereby covrn~nls with th~ s~id MORTGAGEE, its wa~s~ws u+d ~tip~
~ tM~ thev aYe ~{ully seiud of the ssid pruna~s in fk simple: tMt th~ sam~ an fru, cMu and d'ncirr~d fraen all li~m and ~
~ brances in law or b equity, and ths+ thev will ud thelr heira shall w~rr~nt ~nd d~fend th~ titl~ to tM sarm to tM wW
~ MORTGAGEE, its svcceswn and sssgm, fwwN aysinst tFw lawf~t daims ~nd d~ of all pena~ss
PROVIDE~. AlWAYS th~t if tM MORTGAGOR shall pay unto th~ MORTGJ?GEE tM p?omisswy not~ her~inb~fon datribd ~nd shall ttutr. ptomptly
~ ~nd fulty pKforrq, d'ad?~~, execut~, canpl~t~, comply with ~nd abide by ~sch and ev+ry th~ stipulatiorn. pr~nn, aonditioro and oowrants of ~aid
promiu«y rat~ and of this Mortyay~, then this Mwt~ye and tM 6ut~ henby aeated shdl uase and be rwll and void. ~tl
k IT IS UNDERSTOOD th~t tFr word ' AAwtyayor" whetMr in tFw sinpulu or plwal ~nywh~r~ in this Mwty~pe, shall be sinpular H one only ~nd d
~ s#~all b~ plw~l jointly ~nd ~sveraly H mor~ than orn, and tMt tM word °their' as us~d ~nywhere in thb Matyape ~tl b~ t~ken to mean "hb," "hen,"
~ a"Hs," wh~rever tM context w imptia w ~dmits. Abo, that wherewr ther~ is • rtfNano~ in th~ oavenu?n +nd aprsemenh herein oont~inad to ~ny of
s rh~ pnti~s hereto, the wn~ sFull be corotrued to n+e~n ~s well ~s th~ heirs, lepal r~esentatives, suaesrws and asspra (~NFwr vduntuy by act of th~ ~
~ parties a irrvolvotary by op~r~tion of th~ I~w) of the sarm u+d that tM cove~ants her~in contained shall bind ~nd the b~rnfib ~nd adv~ntap~s IrwK~
~ ro the resp~ctive I~ein. Ipal rsp?esem~tiws, svaesson ~+d ass~yro of th~ puti~s hereta
~ ~ f
~ Md uid Mwtypas, 1or thems~lva and tlKir heirs, ley+l repra~ntatives, wcceuws and suipra, hersby jantly a~d ~warally oo+rN+ant ~nd apne i
ro~nd wkh tM wid MORTGAGEE, its svaeawn snd suipns:
1. To pay all and sirg~rlar th~ principsl and interest and tF~e v~rious ~nd wndry wms of ma~eY paYable by virtw of said. promiswry no1~, and Mis
~ mortyaQ~• e~ch and ~very. PromPty on tlw days respeuively tFw sam~ aewr~Uy bscan~ dw.
x
~ 2. To pay dl ~nd w~yvlar tM t~xa, a~esun~nts. Iwi~s, liabili~ies, obliyataro and eecumbrances of ewry rwtw~ and kind now on said d~crlb~dl~
~ propury, a tFwt Mreah~r may bs imposeel, sufferd. P~~ud. Iwiad, a awessed therwn, w tfwt her~afta may b~ I~vid a ~swssed upon tNs 1Mort¢
+pe. a ~M ind.bt.dnea secu.ed hereby, sach and .wry, wlwn dw .ed p.yable, aooordin~ ro law, bsfon th.y b.com. d.linqveM, ard b.iw. aoy ht...q~
~ snaches w any pen~hy is i~rred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL dE PROMPiIY SATISf1ED AND ~ISCHARGEp OF
RKORD ANO TME ORIGINAI OffIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, 1HE TAX RKEIPT OR THE SATISfACTION PAPER OFfIC1AlLY ENDORSE~ ~
~ OR CERTIfIED) SHAII bE PLACED IN THE HANDS OF SAID MORTGAGEE WITH{N TEN DAYS NEXT AFTER PAYMENT; and in tlw ~wM that u~y 1Mrwf b not
pa~d, uf:sfied a~d dischuyed sa:d MORTGAGEE may ai any time p~y the same a ~ny psrt th~reof witFavt waivinp a affectinp ~ny option, lien, eqvity w
~ •~qht und~r a by virwe of this mortpaye and the full amovnt of eath and every such payment shall be imrtiediate~y d~e and p~ysbk ~nd sh+ll bex iMKest
f.om the date thereof until paid at rate of nine per centum per anrwm ~nd royether w~th wch interrst tiull be secwed by the lien of th:s morytape.
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